Announcement Date: 2023-04-04
Announcement Type: Drilling Results
Announcement Code: (other Code)
Company name: Canadian Manganese Company Inc.
Project name: Woodstock
Location: Canada
Commodities: Iron,Manganese
Highlight: Drilling results incl. 84.20m at 10.53% Mn, 14.55% Fe from 59m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, April 4, 2023 – Canadian Manganese Company Inc. (“CDMN” or the “Company”) (NEO: CDMN) is pleased to provide an update for its on-going exploration work at the historically documented North Hartford manganese-iron deposit (“North Hartford”) within the Company’s wholly-owned Woodstock Project (the “Project”) in New Brunswick, Canada. In 2022, the Company completed an initial core drilling campaign at North Hartford (see August 11th, 2022 news release). Results for this drilling are disclosed herein and successfully demonstrate grades and widths comparable to historical estimates for the North Hartford deposit, including drilled intercepts of up to 84.2 m (core length) averaging 10.53% Mn & 14.55% Fe. These results confirm the North Hartford deposit is analogous to the Company’s Plymouth Deposit (“Plymouth”) located approximately 2.2 km to the southwest where the Company recently announced a mineral resource estimate of 56.7 million tonnes Measured and Indicated Resources grading 10.07% manganese (Mn) plus 17.7 million tonnes Inferred Resource grading 10.02% Mn (see March 3, 2023 news release). Drilling at Hartford has been expanded in 2023 with the intention of delineating additional mineralization that may add significant resources to the Project’s mineral inventory.
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